KeyCorp upgraded shares of Brandywine Realty Trust (NYSE:BDN) from a sector weight rating to an overweight rating in a report released on Tuesday, MarketBeat reports. The brokerage currently has $21.00 price target on the real estate investment trust’s stock. KeyCorp also issued estimates for Brandywine Realty Trust’s Q4 2017 earnings at $0.29 EPS, FY2017 earnings at $1.28 EPS, Q1 2018 earnings at $0.32 EPS, FY2018 earnings at $1.35 EPS and FY2019 earnings at $1.45 EPS.

Several other equities research analysts have also recently weighed in on BDN. Zacks Investment Research raised Brandywine Realty Trust from a sell rating to a hold rating in a research report on Monday, December 11th. SunTrust Banks reissued a buy rating and issued a $18.00 price objective on shares of Brandywine Realty Trust in a research report on Friday, October 20th. ValuEngine raised Brandywine Realty Trust from a hold rating to a buy rating in a research report on Friday, September 1st. Evercore ISI raised Brandywine Realty Trust from an in-line rating to an outperform rating in a research report on Monday, December 4th. Finally, BidaskClub raised Brandywine Realty Trust from a sell rating to a hold rating in a research report on Saturday, August 26th. One research analyst has rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the stock. The stock presently has a consensus rating of Buy and an average price target of $18.40.

Shares of Brandywine Realty Trust (NYSE BDN) opened at $18.05 on Tuesday. Brandywine Realty Trust has a 12-month low of $15.63 and a 12-month high of $18.69. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.83 and a quick ratio of 1.83. The firm has a market capitalization of $3,165.61, a P/E ratio of 13.27, a PEG ratio of 3.20 and a beta of 1.02.

Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings data on Wednesday, October 18th. The real estate investment trust reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.24). Brandywine Realty Trust had a net margin of 6.81% and a return on equity of 2.12%. The business had revenue of $128.43 million during the quarter, compared to the consensus estimate of $131.16 million. During the same period in the prior year, the company posted $0.33 earnings per share. The firm’s revenue was down 1.0% compared to the same quarter last year. sell-side analysts anticipate that Brandywine Realty Trust will post 1.32 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 23rd. Investors of record on Tuesday, January 9th will be given a $0.18 dividend. This is a boost from Brandywine Realty Trust’s previous quarterly dividend of $0.16. This represents a $0.72 annualized dividend and a yield of 3.99%. The ex-dividend date of this dividend is Monday, January 8th. Brandywine Realty Trust’s dividend payout ratio (DPR) is 400.03%.

In other Brandywine Realty Trust news, CEO Gerard H. Sweeney sold 9,241 shares of Brandywine Realty Trust stock in a transaction on Monday, December 18th. The stock was sold at an average price of $18.51, for a total transaction of $171,050.91. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Anthony A. Sr Nichols, Sr. sold 5,000 shares of Brandywine Realty Trust stock in a transaction on Wednesday, October 25th. The shares were sold at an average price of $17.41, for a total value of $87,050.00. Following the transaction, the director now directly owns 60,237 shares of the company’s stock, valued at $1,048,726.17. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 34,241 shares of company stock valued at $628,301. 1.76% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently modified their holdings of the business. Fort Washington Investment Advisors Inc. OH lifted its holdings in shares of Brandywine Realty Trust by 0.5% during the second quarter. Fort Washington Investment Advisors Inc. OH now owns 57,300 shares of the real estate investment trust’s stock valued at $1,004,000 after acquiring an additional 300 shares during the period. GAM Holding AG lifted its holdings in shares of Brandywine Realty Trust by 4.0% during the second quarter. GAM Holding AG now owns 15,128 shares of the real estate investment trust’s stock valued at $265,000 after acquiring an additional 578 shares during the period. Farr Miller & Washington LLC DC lifted its holdings in shares of Brandywine Realty Trust by 0.7% during the second quarter. Farr Miller & Washington LLC DC now owns 94,666 shares of the real estate investment trust’s stock valued at $1,659,000 after acquiring an additional 675 shares during the period. Thrivent Financial For Lutherans lifted its holdings in shares of Brandywine Realty Trust by 1.5% during the second quarter. Thrivent Financial For Lutherans now owns 69,904 shares of the real estate investment trust’s stock valued at $1,225,000 after acquiring an additional 1,000 shares during the period. Finally, Sei Investments Co. lifted its holdings in shares of Brandywine Realty Trust by 4.4% during the second quarter. Sei Investments Co. now owns 76,889 shares of the real estate investment trust’s stock valued at $1,348,000 after acquiring an additional 3,271 shares during the period. 98.47% of the stock is owned by institutional investors.

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Brandywine Realty Trust Company Profile

Brandywine Realty Trust is a self-administered and self-managed real estate investment trust (REIT). The Company operates through five segments: Pennsylvania Suburbs, Philadelphia Central Business District (CBD), Metropolitan Washington, DC, Austin, Texas, and Other. The Pennsylvania Suburbs segment includes properties in Chester, Delaware and Montgomery counties in the Philadelphia suburbs.

Analyst Recommendations for Brandywine Realty Trust (NYSE:BDN)

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